Oil & Gas
Appeal Court overturns decision on financial assurance dispute, rules in favour of ExxonMobil, EPA
The Court of Appeal has ruled in favour of ExxonMobil Guyana Limited and the Environmental Protection Agency (EPA), overturning a 2023 High Court judgment delivered by Justice Sandil Kissoon concerning financial assurance requirements under ExxonMobil’s offshore petroleum environmental permit. In the earlier decision, the High Court ruling had found that ExxonMobil was in breach of...
An ‘energy balance’ needed: Guyana’s Ali makes case for strategic investments globally
By Vishani Ragobeer in Houston As thousands of industry professionals gathered in Houston, Texas for the 2026 Offshore Technology Conference...
OTC 2026: President Ali leads Guyanese delegation, visit to oil refinery planned
Guyana’s President, Dr. Irfaan Ali, will lead a delegation of about 100 officials and private sector players at this year’s...
‘Contract bundling can be useful’ – Exxon Head defends criticised practice
Local private sector players have registered their criticisms of contract bundling practices within Guyana’s oil and gas sector but President...
Exxon will go above ‘commitments on paper’ in event of oil spills – Company Head
Amid calls for an absolute guarantee that it will fully respond to an oil spill offshore Guyana, President of ExxonMobil...
Guyana can show the world how to manage oil for citizens’ benefit – Rystad Energy
Guyana has already taken several steps that will allow it to avoid the usual challenges associated with the development of...
GCCI voices disapproval at contract bundling practices for oil services
See the full statement from the Georgetown Chamber of Commerce and Industry Below: The Georgetown Chamber of Commerce &...
Guyana enters the big league as oil revenues break US$1B in 2022, grow to US$7.5B in 2030
(Rystad Energy) – As the burgeoning Guyanese offshore oil and gas industry goes from strength to strength, powered by the...
Two int’l companies hired to lay pipe for Guyana’s Gas to Energy Project
Subsea 7 and Van Oord have been awarded a large contract from ExxonMobil affiliate Esso Exploration and Production Guyana Limited...
GOGEC unhappy with GAWU and OTWU Memorandum of Understanding
See below full statement issued by GOGEC: The president of the Guyana Oil and Gas Energy Chamber (GOGEC), Mr Manniram...
Guyana makes 33 viable oil discoveries to date, Gov’t happy with continued success
See full statement from the Ministry of Natural Resources: In compliance with the principles of transparency and accountability and good...
ExxonMobil makes two more discoveries offshore Guyana
See full statement issued by ExxonMobil: IRVING, Texas – ExxonMobil has made two new discoveries offshore Guyana to the southeast...
Exxon now conducting minimal flaring necessary for stable, safe operations
Intermitted periods of flaring by ExxonMobil since December 2019 have now been reduced to only background flaring on the Liza...
By 2030, Guyana to earn US$7.5B yearly from oil in Stabroek Block
Guyana, in just a few years, is expected to earn about US$7.5 billion (or GY $1.5 trillion) annually through several...
Beharry Group in partnership with Trini company to provide ROV, diving services
Guyanese conglomerate – the Beharry Group – is the majority shareholder in a joint-venture partnership incorporated in Guyana to support...
Guyana received US$232M in petroleum revenues between April – June
Guyana received US$232,164,587 in petroleum revenues paid into the Natural Resource Fund (NRF) from April 1, 2022 to June 30,...
Ramps submits more info. to local content sec., hopes to resolve ‘unfortunate’ situation
Guyana’s local content secretariat, which is the oversight body tasked with verifying local companies seeking to operate in Guyana’s nascent...
Use oil resources in Guyana, Suriname and T&T instead of Venezuela’s – Regional Science Advisor
By Vishani Ragobeer Vishani@newsroom.gy Caribbean leaders are once again seeking to meet their energy needs by using Venezuelan oil but...
‘Good that Guyana fast-tracked oil and gas development’ – Head of T&T Energy Chamber
By Vishani Ragobeer Vishani@newsroom.gy The fast-paced development of Guyana’s oil and gas industry, given ongoing calls for the use of...
Government withdraws $41.6 billion from ‘oil fund’
Senior Finance Minister Dr Ashni Singh on Wednesday announced that the government has made its second withdrawal from the Natural...
Grenada hopes to find oil, eyes rapid development like Guyana
Grenada is hoping to find commercial oil and gas resources that can be used to develop the island. If successful,...
